Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.
Based on our record, Koinly seems to be a lot more popular than CoinGate. While we know about 306 links to Koinly, we've tracked only 20 mentions of CoinGate. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago
Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 6 months ago
-is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago
Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 12 months ago
I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago
BCH is disabled as a payment method for coingate.com transactions. Support pages don't mention it, but even if I hypothetically wanted to try using Lightning Notwork, the limit is 0.042 BTC, have fun getting the actual BTC with a $20 fee🙄 https://support.coingate.com/hc/en-us/articles/4402506647314-What-is-the-Lightning-Network-limit-. Source: 11 months ago
Although this migration took quite a while, since it needed a new UI re-design, there were some difficulties migrating to a separate WordPress hosting, because our main page (coingate.com) is built on react.js. Source: about 1 year ago
What about for paying for services such as VPNs or Domain Registrars? Many use CoinGate (https://coingate.com/). That's a cryptocurrency payment processor. So is BitPay. And so is Coinbase Commerce. Source: over 1 year ago
Coingate looked promising as well, but it looks like they use a supervised wallet rather than your own. Source: over 1 year ago
There is another service called - https://coingate.com but I haven't used them before. I came across it after some searches. However, since Bitrefill has a very extensive selection you may end up just using it. Source: about 2 years ago
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